New Delhi: Benchmark equity indices Sensex and Nifty rebounded in early trade on Tuesday after a sharp decline in the previous session driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank.

The 30-share BSE benchmark Sensex jumped 422.62 points to 78,387.61 in early trade. The NSE Nifty climbed 160.2 points to 23,776.25.

From the 30-share blue-chip pack, Titan, Adani Ports, IndusInd Bank, ICICI Bank, Reliance Industries, Asian Paints, Power Grid and Tata Motors were among the biggest gainers.

Zomato emerged as the only laggard.

US markets ended mostly higher on Monday.

Global oil benchmark Brent crude dipped 0.14 percent to USD 76.19 a barrel.

The BSE benchmark tanked 1,258.12 points or 1.59 percent to close below the 78,000 level at 77,964.99 on Monday. The Nifty slumped 388.70 points or 1.62 percent to 23,616.05.

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